PRIVACY POLICY

for the use of Presight OpenRisk

Effective Date: 14.3.2025Last Updated: 14.3.2025

1. Introduction

Welcome to Presight OpenRisk. Your privacy is important to us, and we are committed to protecting your personal data.

This Privacy Policy outlines:

  • What personal data we collect.
  • How we use and protect your data.
  • Your rights regarding your data.

Important Notice:

This policy is designed to comply with General Data Protection Regulation (GDPR) and other applicable data protection laws.

2. Data Collection

2.1Data We Collect

We collect and store the following personally identifiable information (PII):

  • Name (first and last name)
  • Email address

2.1How We Collect Data

We collect your personal data when you:

  • Register for an account.
  • Subscribe to our service or newsletter.
  • Contact us for support or inquiries.

3. How We Use Data

We use your personal data for the following purposes:

  • Account Management – To create and manage your account.
  • Customer Support – To respond to inquiries or technical issues.
  • Service Notifications – To send important updates about the SaaS platform.
  • Marketing & Communication (only with your consent) – To send newsletters or promotional offers.

We do not sell or share your personal data with third parties for marketing purposes.

4. Legal Basis for Processing (GDPR Compliance)

We process your data based on the following legal grounds:

  • Contractual Obligation – To provide the service you signed up for.
  • Legitimate Interest – To improve our service and maintain security.
  • Consent – For marketing emails (you can withdraw consent at any time).
  • Legal Compliance – If required by law to retain or disclose information.

5. Data Storage & Security

5.1 Where We Store Your Data

  • Data is stored on secure servers in the EU.
  • We use industry-standard encryption to protect stored data.

5.2 How Long We Keep Your Data

  • We retain your personal data only as long as necessary to fulfill the purposes outlined in this policy.
  • You can request deletion of your data at any time (see Section 7).

6. Data Sharing & Third-Party Services

We may share data only with:

  • Cloud Hosting Providers (e.g. Azure) – for secure storage.
  • Email & Communication Services (e.g., Mailchimp) – for service notifications.

All third parties comply with data protection regulations and are bound by data processing agreements (DPAs).

We will never sell, rent, or trade your personal data.

7. Your Rights (GDPR & Other Laws)

Under GDPR and similar laws, you have the following rights:

  • Access – Request a copy of your stored personal data.
  • Correction – Request correction of inaccurate or incomplete data.
  • Deletion ("Right to be Forgotten") – Request deletion of your data.
  • Objection – Object to data processing for marketing purposes.
  • Portability – Request a copy of your data in a machine-readable format.
  • Withdraw Consent – Unsubscribe from marketing communications at any time.

To exercise your rights, contact us at [email protected]

8. International Data Transfers

If you are outside the EU/EEA, your data may be transferred to servers in other regions. We ensure adequate protection through:
  • EU Standard Contractual Clauses (SCCs)
  • Data Processing Agreements (DPAs) with third-party providers

9. Cookies & Tracking Technologies

We use cookies and similar technologies to enhance user experience. You can manage cookies through your browser settings.
  • Essential Cookies – Required for platform functionality.
  • Analytical Cookies – Used for anonymous analytics (Google Analytics, etc.).
  • Marketing Cookies (only with consent) – For personalized content.

10. Changes to This Privacy Policy

We may update this policy from time to time. Users will be notified of significant changes via:

11. Contact Information

For any privacy-related inquiries, please contact:

Presight Solutions AS
Vassbotnen 15, 4313 Sandnes
[email protected]